revenue bond

noun

: a bond issued by a public agency authorized to build, acquire, or improve a revenue-producing property (such as a toll road) and payable out of revenue derived from such property

Examples of revenue bond in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Funding comes from a handful of entities including airport revenue bonds and the federal government. Beck Andrew Salgado, Austin American Statesman, 4 July 2025 The Titans committed $840 million, the state signed on to fund $500 million, and the city of Nashville approved $760 million in revenue bonds. Jason Clinkscales, Sportico.com, 17 Apr. 2025 The state would be authorized to issue unlimited revenue bonds for tunnel construction, repaid by water users. George Skelton, Los Angeles Times, 9 June 2025 The bridge, financed by federal and state funds and revenue bonds, is 4.14 miles long. Miami Herald Archives, Miami Herald, 8 May 2025 See All Example Sentences for revenue bond

Word History

First Known Use

1856, in the meaning defined above

Time Traveler
The first known use of revenue bond was in 1856

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Cite this Entry

“Revenue bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revenue%20bond. Accessed 13 Jul. 2025.

Legal Definition

revenue bond

see bond sense 2

More from Merriam-Webster on revenue bond

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